ChatGPT, Open AI’s chatbot, has given its price predictions for three top altcoins in Q1 2024. The altcoins include THORChain, Pullix, and Solana. Let’s see ChatGPT’s price prediction for then.
THORChain (RUNE) Price Analysis
THORChain (RUNE), the native token of the THORChain platform, suffered a huge price correction when it fell from a high of $5.00 on January 13th to as low as $3.90 on January 18th. However, THORChain bulls have woken up and have pushed the altcoin above the $4 mark.
Presently, THORChain crypto shows a yearly gain of 157.8%. THORChain has support levels at $3.89, $3.73, and the strongest at $3.53. Similarly, THORChain faces resistance at $4.26, $4.46, and $4.62.
If the market continues to gain speed, THORChain price could cross these resistances in the coming months. According to ChatGPT’s prediction, THORChain price could rise as high as $7 in Q1 2024.
Solana (SOL): ChatGPT Predicts Rise to $165
Solana (SOL), the Ethereum killer, has suffered losses lately, falling from its December peak of $125. Despite the fall, the altcoin still sits among the top 10 cryptocurrencies by market cap. According to CoinMarketCap, Solana coin is stuck at $90.16 – $102.06 on the weekly timeframe.
The Solana price is up 22.1% and 351.5% on the monthly and year-to-date chart. The main resistance is near $102. A close above $102 might start another significant rise. Around $112 is the next resistance. More advances might push the price towards $120.
According to ChatGPT, the Solana price could rise as high as $165 in Q1 2024. Meanwhile, Solana is planning to launch another version of its mobile device. The launch could spark a Solana price increase in the coming months.
Pullix (PLX), ChatGPT Forecasts 100x
Pullix (PLX) is gaining traction because it has already paid early investors with a 100% ROI. As a result, millions of global traders have flooded this new ICO event, which has already raised $3.9 million.
This project has the potential to revolutionize online trade, which has piqued the interest of investors. Pullix will launch the world’s first hybrid trading platform, combining the advantages of DEX and CEX.
This platform will resolve several challenges investors face in this sector. For example, you won’t have to worry about large trading fees because Pullix demands 0% charges on trades.
The main currency used to trade on Pullix is the PLX native token. Furthermore, PLX is the first “trade-to-earn” cryptocurrency. Staking this altcoin will earn you a daily percentage of Pullix’s earnings. The team will also introduce a burn function, significantly reducing the PLX supply while raising its value. This is good news for long-term PLX token holders.
A PLX coin costs $0.08, but its value will increase as the presale progresses. ChatGPT forecasts a 100x increase after this new ICO is launched and listed on exchanges in Q1 2024. This prediction is possible given its link to the OTC derivatives market, which is worth $618 trillion in 2022.
Final Thoughts
ChatGPT’s bullish price prediction for the three top altcoins, THORChain, Pullix, and Solana, show huge prospects in Q1 2024. Investors looking to grow their portfolio in Q1 2024 can consider them.
